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India's debt to GDP ratio by 2030-31 will be much lower than IMF's projection: RBI paper

The Indian government should focus on development, as per a research paper by RBI. The paper shows that the general government debt-GDP ratio could decline to 73.4% by 2030-31, 5 percentage points lower than the IMF s projection. Further fiscal tightening is needed for sustainable growth. ....

Harendra Kumar Behera , Ipsita Padhi , Michael Debabrata Patra , Shesadri Banerjee , Samir Ranjan Behera , Reserve Bank , Growth Compatible Fiscal , India Debt , India Gdp , India Expenditure , Interim Budget ,

Is 6% The Right Inflation Rate For India After All?


Is 6% The Right Inflation Rate For India After All?
May 25 2021, 9:26 AM
May 25 2021, 9:26 AM
May 25 2021, 9:26 AM
For years, India has debated what the right level of inflation for the economy is. Is it the 5% informal objective pursued by the RBI for many years? Is it 2-6%, the range set for India’s flexible inflation? Or is it 4%, the mid-point of that range?A new research paper suggests that 6% may be the ideal level of inflation for India, adding that any attempt to bring it below that point comes at a significant cost to growth.“For macroec.
For years, India has debated what the right level of inflation for the economy is. Is it the 5% informal objective pursued by the RBI for many years? Is it 2-6%, the range set for India’s flexible inflation? Or is it 4%, the mid-point of that range? ....

Bhanu Pratap , Ipsita Padhi , Ravindra Dholakia , Development Research Group , Jai Chander , பானு பிரதாப் , இப்சிதத பாடி , ரவின்ற தொலகிய , வளர்ச்சி ஆராய்ச்சி குழு ,

RBI study suggests mix of fiscal, monetary policies to mitigate economic downturn


The empirical findings of the study broadly confirm higher threshold inflation and higher growth in emerging market economies than in advanced economies. (Representative image)
MUMBAI: A Reserve Bank of India (RBI) study has advocated a mix of fiscal and monetary policies to mitigate economic downturn, saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.
Referring to the 2009 crisis, the study by Development Research Group (DRG) on Risk Premium Shocks and Business Cycle Outcomes in India , said that at the micro-level, the interest rate spread, attributed to risk premium on loans, increased in response to a rise in loan defaults during the post-2009 period. ....

Jibin Jose , Bhanu Pratap , Ravindrah Dholakia , Ipsita Padhi , Radheshyam Verma , Shesadri Banerjee , Development Research Group , Sa Reserve Bank , Reserve Bank , Risk Premium Shocks , Business Cycle Outcomes , Threshold Level , Jai Chander , Business News , Reserve Bank Of India , Monetary Policies , India Economy Growth , India Economy , India Covid Recovery , India Covid , ஜிபின் ஜோசே , பானு பிரதாப் , இப்சிதத பாடி , ரடேஷ்யம் வெர்மா , வளர்ச்சி ஆராய்ச்சி குழு , இருப்பு வங்கி ,